Egyptian Drilling Company (EDC), headquartered in Egypt, is a leading player in the oil and gas drilling industry, renowned for its extensive operational reach across the Middle East and North Africa. Established in 1976, EDC has achieved significant milestones, positioning itself as a trusted partner in drilling services. Specialising in onshore and offshore drilling, EDC offers a range of core services, including drilling management, well services, and rig leasing. What sets EDC apart is its commitment to safety, innovation, and sustainability, ensuring efficient operations while minimising environmental impact. With a strong market presence, EDC has garnered numerous accolades for its operational excellence and has established itself as a preferred contractor for major oil and gas companies in the region.
How does Egyptian Drilling Company's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Egyptian Drilling Company's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, the Egyptian Drilling Company does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is classified as a current subsidiary and does not inherit emissions data from a parent organization. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science-Based Targets Initiative (SBTi) commitments or other climate pledges. This absence of specific targets suggests that the Egyptian Drilling Company may still be in the early stages of developing a comprehensive climate strategy. Given the industry's increasing focus on sustainability and carbon reduction, it is essential for the Egyptian Drilling Company to establish clear emissions reporting and reduction goals to align with global climate standards and expectations.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Egyptian Drilling Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
